Deloitte produced their annual ranking of the fastest growing North American companies in the technology, media, telecommunications, life sciences, and energy tech sectors. To determine what companies make the list of Fastest Growing Technology Companies, Deloitte uses fiscal year revenue growth from 2012 to 2015 as the key criteria to entrance and relative placement on the list. To qualify for inclusion on the list, companies had to have minimum operating revenues of at least $5oK and current operating revenues of at least $5M. It should be noted that all of the companies that made the Fastest Growing Technology Companies list had growth rates for the specified period that were in excess of 100% and that the median growth rate was 290%.

The geographical location of the Fastest Growing Technology Companies is pretty well spread across north america. There are the usual suspects (Bay Area, LA, NY and Massachusetts) but some remote areas like Canada (Quebec, Montreal, Toronto, Edmonton, Calgary, Ottawa) that made the cut.

Fastest Growing Technology Companies – Public vs Private

Approximately one-third of the companies on the list of Fastest Growing Technology Companies are public while two-thirds are private. The majority of companies on the list had received venture backing at some point during their history.

36% of companies are public

64% of companies are private

95% of companies have growth rates over 1000%

68% of companies have received venture capital / private equity funding in their history

Eight of the top ten companies on the Technology Fast 500 received venture funding

Fastest Growing Technology Companies – Headquartered in the US

In terms of where the Fastest Growing Technology Companies are headquartered, the bulk reside in Silicon Valley / Bay Area. In fact, California is home base for 157 companies or just over 30% which is more than two and a half times larger than NY.

Silicon Valley / SF Bay Area: 102

New York: 59

LA / Orange County: 41

Massachusetts: 26

Virginia 19

Seattle: 19

New Jersey: 17

Florida: 14

San Diego: 14

Philadelphia: 12

Atlanta: 12

Chicago: 9

Austin: 8

Maryland: 8

Connecticut: 7

Oregon: 7

Denver: 7

Minnesota: 7

North Carolina: 6

Washington, D.C.: 5

Houston: 5

Salt Lake City: 5

Arizona: 4

Michigan: 4

Indianapolis: 3

Ohio: 3

South Carolina: 3

Delaware: 2

Dallas: 2

Iowa: 2

Pittsburgh: 2

Oklahoma: 1

New Mexico: 1

Idaho: 1

Wyoming: 1

Alabama: 1

New Hampshire: 1

Fastest Growing Technology Companies – Headquartered in the Canada

Almost 12% (59 companies) of the Fastest Growing Technology Companies are headquartered in Canada.

About Peter

Peter is a strategic and visionary marketing executive and brand champion who has leveraged his unique combination of classical training and entrepreneurial experience at start-ups and F500 companies to transform technology innovations into multimillion-dollar revenue streams. His experience spans all areas of marketing, including go-to-market strategy and execution; brand identity and brand positioning; product development; sales and marketing leadership; customer acquisition and retention; and influencer and analyst relations. Peter consults with c-level executives, teaches at USF’s EMBA program and serves as an advisor to start-ups.

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About After 25 years of Marketing with F500 and startups, Peter formed Four Quadrant, LLC in 2004 so he could work with as many CEOs, GMs, VPS and VPMs as possible. The focus has always been to provide more experience than what an organization thought they needed to ensure that considerable value was delivered with each engagement, with the shortest ramp and the most efficient spend.